The Judiciarys Law Journal

The Judiciarys Law Journal

Transformations in the Contractual Regime in Light of Self-Executing Contracts

Document Type : Research/Original/Regular Article

Authors
1 Associate Professor, Department of Private Law, Faculty of Law and Political Science, University of Tehran, Iran
2 PhD student in private law, Kish International Campus, University of Tehran, Kish, Iran
10.22106/jlj.2026.2046440.6118
Abstract
The phenomenon known as the smart contract is regarded as one of the technological innovations that has attracted considerable attention in academic and media circles in recent years. This study, conducted using a descriptive-analytical methodology and a comparative approach, drawing upon both library-based and online resources, focuses on examining the transformative effects of self-executing contracts on the contractual regime. The principal question that this study seeks to answer is the extent to which this innovation is capable of transforming the formal and substantive structure of contracts. The findings indicate that the lack of precision in the use of technical terms and specialized concepts, such as artificial intelligence, blockchain, and even the contract, constitutes one of the principal obstacles to a proper understanding of this phenomenon. Transformations in the linguistic and syntactic structures of contracts, the adoption of conditional logic, the reduction of the adverse effects of human judgment and emotions, and the diminished reliance on public authority in the performance of contracts are among the principal formal and substantive changes brought about by the smart contract paradigm. Nevertheless, despite its aforementioned capacities and advantages, this paradigm has not gained widespread acceptance owing to its excessive complexity.
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Volume 90, Issue 133
Spring 2026
Pages 229-256

  • Receive Date 21 November 2024
  • Revise Date 04 October 2025
  • Accept Date 04 July 2026
  • First Publish Date 04 July 2026
  • Publish Date 22 May 2026